The freeman family bought a new apartment five years ago for $80,000. the house is now worth $199,200. assuming a steady rate of growth, what was the yearly rate of appreciation?

Rate of yearly appreciation of the house is 20%

Step-by-step explanation:

The Freeman family bought a new apartment 5 years ago for $80000.

The house worth now $199200.

We have to calculate the yearly rate of appreciation.

To get the rate of appreciation we will use the formula

P =

P = current worth

= Worth before time t years

r = rate of appreciation

t = duration

Now we put the values in the formula

(1 + r) = 1.20

r = 1.20 - 1

r = 0.20

Or rate of yearly appreciation of the house is 20%

answer is d-29

step-by-step explanation:

since you didn't include the picture, i can give you the description so you know how to pick the correct answer. the third quartile of a data is always shown in a box plot. in the middle of your graph should be a box. the third quartile is the value that goes with the far right edge of the box.

x = -4

step-by-step explanation:

- 20 - 4(x + 3) = 4x

=> -20 - 4x - 12 = 4x

=> - 32 -4x = 4x

=> -32 = 4x + 4x

=> - 32 = 8x

=> -32/8 = x

=> -4 = x